Low Volume = Drop In Share Price (RSI)Really, so amazed at peoples stupidity, that or they should not be in mining stocks .......my grand daughter knows more about mining then most.....
She can identify a VMS system, knows what a porphry system is
and knows all about a vien system casue Grandma has them.....I want her to be a geologist....and funny thiing when people ask her what she wants to be, she tells them smart like grandpa and an engiineer....out of the mouths of babes! Honestly, I never encouraged that ( well maybe )
"Analytical results from the final 200 metres are at the laboratory, results are pending."
Ok back to the matter, why in gods name would they put so much detail in a press release and NOT put out the final 200 meters? Why would they have put out that press release NOW, with out the last 200 meters ? And one more time so the point has been driven, why put out that NEWs, period!
Well, one reason, with the information they do have....such as this, "Discovery 1 ended in biotite and chlorite altered mafic volcanics with felsic porphyritic intrusions." And then put that in the release....and then say this, "These results of the Discovery 1 hole show that the Windfall system is extensive with substantial room for potential growth."
Lets just pretend for a moment, these guys actually do know what they know and know how to do it best!
Every junior minor ( OSK believe it or not ) is a junior, wants to drop the big one ( not in the toilet ) but out as a press release the week berfore or the week of the PDAC!
"Splash" is what this is all about, 35000 people at the largest mining convention in the world and people want to surrond them self with successful people!
J 103, so they put out a release they should have just sat on, in my humble opinion, the market did not need news it was trading very positivley with out it. Then drop the whole thing in two weeks......but if they know how to play and run the market, you do what they did, stock falls off in low volune, some one collects more stock before the next pop........here is the real OSK lesson for any one on this site, trading stocks or trying to make real money.....go to stock charts or youtube and learn how to read charts....
My best advice for 2020!